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China Motors Will Make Sedans in China

Updated Dec. 16, 2002 12:41 a.m. ET

Mitsubishi Motors Corp. said Monday its Taiwan affiliate China Motor Corp. will begin output of small sedans in China in mid-2003 based on its "Lancer" model. Taiwan's largest auto maker, in which Mitsubishi Motors Corp. holds a 15% stake, will target output of 30,000 units annually at Southeast Motor, its 50-50 joint venture with Fujian Auto Industry (Group) Co. in China's Fujian province. While other Japanese rivals are increasingly expanding their passenger-car operations in China, Mitsubishi so far has made mainly commercial vans and sport-utility vehicles such as the "Pajero" through its...